Core News Facts on AI Infrastructure Investments
Analysts predict the AI infrastructure market, primarily focused on data centers, will grow from $500 billion in 2022 to $1.4 trillion by 2030, representing an annual growth rate of over 20%. Key players in this sector include Vertiv, Digital Realty Trust, and Nebius Group, each with unique offerings and growth trajectories.
Vertiv, which specializes in data center cooling solutions, has experienced nearly 30% revenue growth year-to-date with projections for the cooling market to grow at over 10% annually until 2034. Digital Realty Trust, a REIT managing over 300 data centers, reported $1.6 billion in revenue for Q3 2024, while maintaining a steady dividend yielding 3.1%. Meanwhile, Nebius, focused on AI data center services, reported a staggering 355% year-over-year revenue increase to $146 million, despite a loss growing to nearly $120 million in the same period. The company recently secured a multiyear deal with Microsoft for AI infrastructure services, underscoring its potential despite ongoing volatility.
